The forex futures market is a derivative of the world’s largest financial market, the forex market. Although this forex derivative makes up only one one-hundredth of the total forex market daily trading volume of US$1 trillion, it is considered one of the best forex trading methods amongst traders. Like traditional futures contracts, forex futures contracts are simply the buying or selling of a specific currency at a set price, time, contract size and location. These publically traded contracts are traded on a number of futures exchanges around the world, the most popular being the Chicago Mercantile Exchange.
Forex futures exchanges standardize each contract, allowing them to have their own unique characteristics. For example, CAD/USD futures have a contract size of CAD $100,000, while the CHF/USD contract size 125,000 Swiss francs.
Low Spreads
Compared to spot contracts, forex futures spreads are significantly lower. This allows traders with limited funds to more conveniently invest in forex futures
Transaction Cost
The forex futures transaction cost is basically the fee charged by exchanges for buying/selling a contract. Forex futures transaction costs is also considerably lower, allowing for a more lucrative trading experience.
Higher Leverage
The relatively high forex futures leverage will give a potential significant boost to the trader’s return on investment.
The Euro-Dollar pair is the world’s most popular currency pair to trade, as it represents the two largest economies in the world. Events that caused high volatility for the Euro-Dollar pair include events such as the tech boom and bust, the European Debt crisis and the economical effects of the real estate bubble on the U.S economy.
How to trade forex futures successfully is largely dependent on the trader’s awareness of updated economic news effecting the forex market, as well a through understanding of fundamental and technical analysis. PCM International is honored to hold the title of “the best future and forex broker” by many of its customers. This title has been earned because PCM International provides traders with all the resources needed to trade forex and futures contracts. How to trade forex futures successfully is largely dependent on the trader’s awareness of updated economic news effecting the forex market, as well a through understanding of fundamental and technical analysis. One of the resources mentioned above, by PCM International, is the “Economic News” page that provides traders with news that may affect their current/future trades.
Visit our “Economic News” section at: http://fxpcm.com/en/forex/economic-news
DEUR
€ 50,000
Mar, Jun, Sep and Dec
2 Business days before 3rd Wednesday of Expiry month
3rd Wednesday of Expiry Month
Business day immediately folloing the last trading day
US$ quoted in Cents per €
US$ 0.0001 per € or US$ 5 per tick
Monday through to Friday
07:00 - 23:30 Hours Dubai time (GMT+4)
500 lots for Banks and institutions promoted by Banks. All other entities 200 Lots
No Price Limits - Note 1*
EFS, EFP, Block trade facilities available
Click on the "Initial Margin" TAB
100% benefits is offered on calendar spread positions
Nil on matched positions
At times of high volatility, an extra margin, as deemed fit by the Exchange, may be charged
Five times the initial Margin